Yieh United Steel Corporation (YUSCO), one of Taiwan's leading stainless steel producers, has not officially announced its local 300 series stainless steel prices for September deliveries, but according to downstream customers YUSCO's prices have decreased by NTD 2,500/mt ($77/mt) as compared to price levels for August deliveries, while its 400 series stainless steel prices have decreased by NTD 1,500/mt ($46/mt) also compared to prices for August deliveries.
The current prices are at the following levels:
Product |
Price |
Stainless steel SUS304 No. 1 (HRC), 2.5-3.0 mm |
NTD 55,000-56,500/mt ($1,691-1,737/mt) |
Stainless steel SUS304 2B (CRC), 2.0 mm |
NTD 58,500-60,000/mt ($1,799-1,845/mt) |
Stainless steel SUS316L 2B (CRC), 2.0 mm |
NTD 105,000-106,500/mt ($3,229-3,275/mt) |
Stainless steel SUS430 2B (CRC),2.0 mm |
NTD 18,800-19,800/mt ($578-609/mt) |
All the above prices are ex-works, exclude five percent VAT, and are for September deliveries.
In the meantime, YUSCO‘s 300 series export stainless steel prices have declined by $70-80/mt over the same period for September and October deliveries.
$1 = NTD 32.52